On Wednesday 06 10, 2026 at 6:00AM ET Camino Intercepts High-Grade Copper With 76.2m at 0.88% Cu Including 16.25m at 2.67% Cu and 6.82g/t Ag at Costa de Cobre in Peru; All Five Reported Drill Holes Intersect Strong Copper Mineralization
On Wednesday 06 10, 2026 at 6:00AM ET
Camino Intercepts High-Grade Copper With 76.2m at 0.88%
Cu Including 16.25m at 2.67% Cu and 6.82g/t Ag at Costa de
Cobre in Peru; All Five Reported Drill Holes Intersect Strong
Copper Mineralization
VANCOUVER, BC / ACCESS Newswire / June 10, 2026 / Camino Minerals Corporation (TSXV:COR)(OTCID:CAMZF)
("Camino" or the "Company") is pleased to announce the exploration results from Phase 2 of the recent drilling campaign at its
Costa de Cobre project ("Costa de Cobre" or the "Project" (formerly known as "Los Chapitos"(1)) in Peru. Camino completed five
drill holes along the Diva trend corridor, where drilling activities focused on the Adriana target with the objective of expanding the
known mineralized body and improving the understanding of the scale and continuity of the mineralized system. The maximum drill
hole depth was 260 metres and all five drill holes intercepted strong copper mineralization and spanned a strike length of
approximately 400 metres.
Key highlights of recent Costa de Cobre drill holes:
Adriana: DCH-131:
69.8 m @ 0.47% Cu & 4.17 g/t Ag, including
32.0 m @ 0.75% Cu & 6.50 g/t Ag, and
9.75m @ 1.25% Cu & 6.46 g/t Ag, including
3.90 m @ 2.99% Cu & 15.63 g/t Ag
Adriana DCH-132:
44.0 m @ 0.38% Cu & 1.87 g/t Ag, and
77.6 m @ 0.36% Cu & 1.63 g/t Ag, and
17.6 m @ 2.49% Cu & 12.58 g/t Ag
Adriana: DCH-133:
76.2 m @ 0.88% Cu & 2.03 g/t Ag, including
16.25 m @ 2.67% Cu & 6.82 g/t Ag
Adriana: DCH-134:
53.8 m @ 0.77% Cu & 4.45 g/t Ag, including
40.8 m @ 0.96% Cu & 5.43 g/t Ag
Adriana: DCH-135:
30.6 m @ 0.45% Cu & 2.38 g/t Ag, including
9.3 m @ 0.96% Cu & 6.12 g/t Ag
Costa de Cobre is Camino's second copper project with partner Nittetsu Mining Co, Ltd. ("Nittetsu"), who is completing a 35%
earn-in interest in Costa de Cobre after investing CAD $10 million and after the completion of the current drilling campaign (see
news release dated June 14, 2023). Camino is also advancing its Puquios Copper Project in Chile with Nittetsu Mining toward mine
construction and development (see news release dated April 17, 2025. Construction is expected to commence in the summer, subject
to securing project financing and an affirmative final investment decision.
The Costa de Cobre copper project offers growth potential through both resource expansion and new discoveries, supported by
established infrastructure, strategic partnerships with Denham Capital and Nittetsu Mining, and exposure to the rapidly growing
global copper market.
"These results continue to demonstrate good continuity and grades along the Diva trend at Adriana, with numerous additional high
priority targets on the property including along the Diva, La Estancia and Atajo trends. Subject to further exploration of such high
priority targets and the delineation of a mineral resource, we envision a copper mine that would be started around an expanded
Adriana zone, and possibly connecting to feeder structures at depth, and include additional expanded zones of copper mineralization
such as Lourdes located 1.4 km to the north, or Katty located 1 km to the south, and potential copper discoveries along the other La
Estancia and Atajo trends. Costa de Cobre is located at low elevation along Peru's southern coast, close to major infrastructure,
including the recently announced construction of the San Juan de Marcona port terminal, which will enhance future logistics and
development in the region. Camino is now positioned with active growth initiatives in both Peru and Chile. With construction
preparations advancing at Puquios and continued exploration programs planned in both Chile and Peru, we believe 2026 will be an
active and transformative year for the Company as we build a leading copper development and exploration copper platform," said Jay
Chmelauskas, CEO of Camino.
Nittetsu Mining's exploration manager, Yoshikazu Fujimoto stated, "Nittetsu has completed the three year earn-in at Costa de Cobre
with these results continuing to demonstrate high-grade copper intercepts. Costa de Cobre hosts many discovery targets, and we have
only drilled a fraction of the property's multiple copper trends. We now plan to advance the project to establish our joint venture with
Camino, where Nittetsu will maintain a 35% Project interest."
"The integration of geological, structural, and drilling information has enhanced our ability to predict and target copper mineralization
across Costa de Cobre. This work has not only contributed to recent drilling success but has also highlighted multiple opportunities to
expand the mineralized footprint to unlock the broader district-scale potential of the project (Figure 1)," said Paulo Rodriguez and
Jheferson Alcocer, geologists at Camino in Peru.
Geological Discussion
The recently completed 990.70 metres drilling program has increased total drilling at the Costa de Cobre Copper Project to 29,650
metres, further strengthening the Project's growing exploration database. Notably, approximately 91% of all historical drilling has
been focused along the highly prospective Diva trend, extending approximately 7 km, underscoring the Company's strategic emphasis
on this important copper corridor.
In addition to the Diva trend, other major structural corridors, such as La Estancia and Atajo, extending approximately 18 km and 8
km, respectively, remain significant, underexplored, and present compelling targets for future drilling campaigns.
Drilling in the vicinity of the Diva trend has expanded the mineralized footprint within the Adriana zone, highlighting the growth
potential of the mineralized body. Five drill holes were completed along the highly prospective Adriana zone (holes DCH-131, DCH-
132, DCH-133, DCH-134, and DCH-135) (Figure 2).
Figure 1. Map Showing the three copper corridors at Costa de Cobre project, Diva, La Estancia and Atajo trends.
Figure 2. Target location and holes drilled in the 2026 drilling campaign.
HOLE
ID EAST NORTH AZIMUTH DIP DEPTH
(M) FROM TO WIDTH
(M)
GRADE
(% Cu)
GRADE
(g/t Ag) AREA
DCH-
131
574129.00 8266853.00 225.00 -50.00 188.80
7.40 20.20 12.80 0.57 6.93
Adriana
and 30.20 100.00 69.80 0.47 4.17
incl 45.50 77.50 32.00 0.75 6.50
and 107.70 127.50 19.80 0.41 2.32
and 132.00 139.50 7.50 0.30 3.09
and 159.45 169.20 9.75 1.25 6.46
incl 161.00 164.90 3.90 2.99 15.63
and 177.50 182.25 4.75 0.12 0.25
DCH-
132
574205.00 8266841.00 225.00 -51.00 223.70
7.50 51.50 44.00 0.38 1.87
Adrianaand 64.50 80.00 15.50 0.20 0.98
and 96.50 174.10 77.60 0.36 1.63
and 188.60 207.30 18.70 2.35 11.85
incl 189.70 207.30 17.60 2.49 12.58
DCH-
133 574317.50 8266664.00 225.00 -62.00 169.10
19.70 24.65 4.95 0.28 2.12
Adrianaand 89.50 165.70 76.20 0.88 2.03
incl 139.75 156.00 16.25 2.67 6.82
DCH-
134 574386.00 8266570.00 217.00 -51.00 117.20 0.50 54.30 53.80 0.77 4.45 Adriana
incl 6.00 46.80 40.80 0.96 5.43
DCH-
135
574129.00 8266853.00 225.00 -77.00 291.90 8.70 27.70 19.00 0.40 4.72 Adriana
incl 11.50 18.70 7.20 0.79 9.33
and 54.10 84.70 30.60 0.45 2.38
incl 66.50 75.80 9.30 0.96 6.12
and 90.45 96.00 5.55 0.38 0.79
and 109.50 118.50 9.00 0.40 2.26
and 138.90 141.00 2.10 0.83 1.55
and 151.50 157.40 5.90 0.32 1.05
and 185.95 189.00 3.05 0.27 0.57
and 251.30 267.60 16.30 0.30 0.44
incl 254.10 260.10 6.00 0.46 0.42
Notes: Datum for coordinates is WGS84 Zone 18S. Widths are not true widths
Table 1. Summary of the 2026-1 drilling campaign, Costa de Cobre Copper Project, Peru.
The project area within the Adriana zone is underlain by volcanic rocks of the Chocolate Formation, with pseudo-bedding displaying
a strike of N250°-270° and a dip of 12°-30° to the NW. Up to three volcanic units have been identified, consisting of epiclastic
sandstones, andesitic lavas, and lapilli tuffs, which are intruded by fine-grained monzodioritic hypabyssal bodies.
Mineralization is structurally controlled by the NW-SE-trending Diva fault, which traverses the drilled area and segments it into the
East and West block domains. Copper mineralization is primarily hosted within the volcanic and hypabyssal rocks as breccias and
mantos related to this structure. Near the surface, copper oxides are preferentially concentrated within the breccia matrix, partially
penetrating the clasts along fractures and microfractures, whereas deeper zones are dominated by sulfides, specifically chalcopyrite
and bornite.
Adriana Target
At the Adriana target, recent drilling has intersected significant copper and silver mineralization across multiple intervals. Drill hole
DCH-131 returned several mineralized zones, highlighted by an upper intercept of 12.8 m @ 0.57% Cu & 6.93 g/t Ag, a broad zone
of 69.8 m @ 0.47% Cu & 4.17 g/t Ag, and a high-grade deeper intercept of 3.90 m @ 2.99% Cu & 15.63 g/t Ag near the bottom of
the hole. The system remains open at depth, indicating potential for further mineralization (Figure 3).
Drill hole DCH-132 also intersected substantial continuous mineralization, including a broad shallow interval of 44.0 m @ 0.38% Cu
& 1.87 g/t Ag, another thick zone of 77.6 m @ 0.36% Cu & 1.63 g/t Ag, and a deeper high-grade intercept of 17.6 m @ 2.49% Cu &
12.58 g/t Ag (Figure 4).
Additionally, drill hole DCH-133 intercepted an upper interval of 4.95 m @ 0.28% Cu & 2.12 g/t Ag followed by a significant
continuous zone of 76.2 m @ 0.88% Cu & 2.03 g/t Ag (Figure 5), while DCH-134 successfully encountered 53.8 m @ 0.77% Cu &
4.45 g/t Ag starting nearly from the surface (0.5 m) (Figure 6).
Notably, assay results for drill hole DCH-135 confirmed multiple stacked mineralized horizons throughout the entire hole, highlighted
by an upper zone of 19 m @ 0.40% Cu & 4.72 g/t Ag, an intermediate interval of 9 m @ 0.40% Cu & 2.26 g/t Ag, and a deeper zone
of 16.3 m @ 0.30% Cu & 0.44 g/t Ag. These recent intercepts continue to support the continuity of mineralization and indicate the
potential for additional high-grade zones within the Adriana zone.
Figure 3. Cross section of copper mineralization at Adriana zone, drill holes DCH-131 and DCH-135.
Figure 4. Cross section of copper mineralization at Adriana zone, drill hole DCH-132.
Figure 5. Cross section of copper mineralization at Adriana zone, drill hole DCH-133.
Figure 6. Cross section of copper mineralization at Adriana zone, drill hole DCH-134.
The Costa de Cobre exploration and development program is designed to systematically unlock the value of a district-scale copper-
silver system through resource expansion, new discoveries, and progressive de-risking of the asset.
Recent drilling supports the Company's geological model, indicating continuity of mineralization along the Diva Trend and
suggesting that the system remains open both at depth and along strike. The next phases of exploration are focused on expanding
known mineralized zones, testing multiple high-priority targets across the underexplored Diva, La Estancia, and Atajo structural
corridors, and advancing the project toward resource delineation and future development milestones, with only a small portion of the
prospective district and three copper corridors across the property systematically drill-tested to date.
Sampling and Assay Procedures
During this campaign, five drillholes were completed. Core has been logged and sampled at the Company's facilities in the town of
Chala, 15 km from the project. Industry standard chain of custody and QA/QC practices are followed with samples sent to Lima
where they are analyzed by ICP-MS at ALS Chemex Labs' facility, an independent laboratory. The Camino geological team complied
with the written internal QA/QC procedures, where the insertion of blank samples, certified international standards (pulps) and
duplicates, met the objectives and acceptable results.
(1) All previously disclosed technical and scientific information in respect of the Los Chapitos copper project remains applicable to
the Costa de Cobre Project.
About Camino
Camino is a discovery and development stage copper exploration company. The Company has entered into a joint venture partnership
with Nittetsu Mining Co., Ltd. to advance the construction-ready Puquios copper project in Chile toward development and
production. Camino is advancing its IOCG Costa de Cobre copper project located in Peru through to resource delineation and
development, and to add new discoveries. Camino has also permitted the Maria Cecilia copper porphyry project for exploration
discovery drilling to add to its NI43-101 resources. In addition, Camino has increased its land position at its copper and silver Plata
Dorada project. Camino seeks to acquire a portfolio of advanced copper assets that have the potential to deliver copper into an
electrifying copper intensive global economy. For more information, please refer to Camino's website at www.caminocorp.com.
Jose A. Bassan, MSc. Geologist, an independent geologist FAusIMM (CP) 227922, a qualified person as defined by National
Instrument 43-101 - Standards of Disclosure for Mineral Projects, has reviewed and approved the technical contents of this
document. Mr. Bassan has reviewed and verified relevant data supporting the technical disclosure, including sampling and analytical
test data, with such verification including a review of assay certificates, QA/QC results, and drill logs.
ON BEHALF OF THE BOARD For further information, please contact:
/S/ "Jay Chmelauskas" Camino Investor Relations
President and CEO [email protected]
Tel: (604) 493-2058
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note Regarding Forward Looking Statements: Certain disclosures in this release constitute forward-looking information.
In making the forward-looking disclosures in this release, the Company has applied certain factors and assumptions that are based on
the Company's current beliefs as well as assumptions made by and information currently available to the Company. Forward-looking
information in the release includes, without limitation, statements with respect to the prospectivity of future exploration work at Costa
de Cobre, future planned drilling programs in Peru and Chile, the interpretation of geological models, the potential continuity and
extent of mineralized systems, the continuation of drilling with future campaigns, and the prospectivity for copper exploration in new
targets. Although the Company considers these assumptions to be reasonable based on information currently available to it, they may
prove to be incorrect, and the forward-looking information in this release is subject to numerous risks, uncertainties and other factors
that may cause future results to differ materially from those expressed or implied in such forward-looking information. Such risk
factors include, among others, that actual results of the Company's exploration activities may be different than those anticipated by
management; that geological interpretations, including the continuity or extent of mineralized bodies, may change with additional
drilling; that the Company may not realize the benefits of joint ventures and/or strategic partnerships; that the Company may be
unable to obtain or may experience delays in obtaining required permits, authorizations and approvals; operational and technical
risks inherent in exploration; risks related to third ‑ party infrastructure development and timing, including the proposed San Juan de
Marcona Port; and risks related to the state of equity and commodity markets. Readers are cautioned not to place undue reliance on
forward-looking statements. The Company does not intend, and expressly disclaims any intention or obligation to, update or revise
any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law.
SOURCE: Camino Minerals Corp